Climate and trade policy present serious contemporary challenges for all nations. Developed market economies are struggling with trade policy in the modern era of globalization, and the resulting realignments are straining the post-war international economic order. National emissions pledges under the Paris Agreement appear at present to fall far short of achieving the greenhouse gas (GHG) emissions cuts that science suggests are needed to remain in a less then ?2 °C world. Merging climate and trade policy could provide developed economies a strategy for limiting global emissions while protecting and promoting their economic competitiveness. Since the adoption of the Kyoto Protocol, border carbon adjustments (BCAs) that would help protect domestic energy-intensive industry and prevent leakage have been discussed as a mechanism to make unilateral climate mitigation more politically attractive. Especially if implemented non-cooperatively, BCAs open the backdoor to protectionism and retaliation and potentially allow nations to retreat behind static barriers. Developments in international trade policy make this alternative to traditional climate diplomacy more viable today than previously and also increase the chance of climate protectionism. We propose an alternative policy framework-a cooperative sectoral tariff reduction (CSTR)-that would help provide dynamic incentives to improve performance, reduce the chance of BCAs being coopted for protectionist purposes, and create the foundation of a carbon club.The cranberry, a commodity of social, cultural, and economic importance to New England, is under threat due to climatic change in this region of the United States. Yet, previous research reveals that cranberry growers have mixed attitudes about the anthropogenic roots of climate change, with many being skeptical. Building on the researchers' analysis of the personal and ecological conditions that affect climate change attitudes among cranberry growers, this paper examines the effect that key actors in the growers' social networks have on those attitudes. Through statistical analysis of survey data and content analysis of two important cranberry newsletters, the paper finds that cranberry growers' perceived importance of two key cranberry growing institutions, the "sociopolitically focused" Cape Cod Cranberry Growers' Association and the "technically focused" University of Massachusetts Cranberry Station, as well as connections to other cranberry growers, is associated in nuanced ways with growers' climate change attitudes. https://www.selleckchem.com/products/bb-94.html Drawing on the sociological theory of "social capital," the paper examines how these social ties to key actors/institutions may result in greater threat perception or worry about climate change. It then considers how "green ties," if harnessed and supported by these important actors in the cranberry grower network, might significantly mitigate climate change in the future.The ultimate purpose of macroprudential policy is to avoid financial instability, such as banking crises, which have a long-lasting and devastating effect on the economy. Although a growing number of studies have examined the effects of macroprudential policy on credit growth, few empirical studies have analyzed its effect on the probability of a banking crisis. Does macroprudential policy actually affect the probability of a banking crisis? Do other macroeconomic policies matter for the effectiveness of macroprudential policy? To answer these questions, this paper empirically investigates the effect of macroprudential policy on the probability of a banking crisis and its relationship with other macroeconomic policies. Specifically, using data on 65 countries from 2000 to 2016, we employ a probit model to analyze the effect of changes in the loan-to-value (LTV) ratio on crisis probability. Our results show that macroprudential policy is effective in changing the probability of a banking crisis via a credit channel and that its effectiveness depends on other macroeconomic policies. Changes in the LTV ratio are found to be effective in influencing the probability of a banking crisis in countries that have inflation targeting frameworks, floating exchange rate regimes, and/or no capital controls. Our results underscore the importance of policy coordination among different government bodies to design an appropriate macroprudential policy, especially in the current context of the Covid-19 crisis.To evaluate gains in human capital accumulation from reduction in remittance prices, this study constructs a general equilibrium model in which the choices to invest in human capital and to migrate are endogenous. The model is calibrated for a group of eight African economies which offer student loans, and the effect on human capital accumulation of decreasing the remittance price to the level recommended by the United Nations (3%) is numerically derived. It is found that reduction in remittance prices alters the decisions of households, leading in the aggregate to a decrease in interest rates, a curbing of the desire to migrate, and an increase human capital. Hence, the study offers the policy prescription that governments, both in nations where remittances originate and in those to which funds are sent, must continue to lower remittance prices, by, for example, improving access to mobile banking, especially since such policies are relatively immune to economic shocks.There have been relatively few analyses of the policy context and consequences of a Zero Lower Bound (ZLB) for nominal interest rates. This paper sets out monetary policy alternatives, including negative interest rates, a revision of the inflation target, and rendering unconventional policy instruments such as QE conventional (permanent). Following extensive discussion of policy options, we set out a model that explores the impacts of the real policy rate on economic growth, employment and inflation, with particular attention to the British economy. We use a Time-Varying Structural Vector Auto-regressive (TVSVAR) Model where the sources of time variation are both the coefficients and variance-covariance matrix of the innovations. It was found that real rates have significant implications for real growth, the labour market and price stability even when monetary policy was constrained at the ZLB in nominal terms. The study additionally applies a discrete break in the data to focus on the Post-Global Financial Crisis and ZLB period.